What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Three M Paper Boards Limited IPO?

Three M Paper Boards Limited IPO has received a total subscription of 171.41 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Three M Paper Boards Limited

ListedSME

Manufacturing / Industrial Goods · BSE

Three M Paper Boards Limited, established in 1989, is a leading manufacturer of high-quality recycled paper-based Duplex Board products catering to industries like food and beverage, pharmaceuticals, cosmetics, and consumer goods. Headquartered in Mumbai, the company operates a manufacturing facility in Chiplun, Maharashtra, with a production capacity of 72,000 TPA as of FY 2022-23. With a strong distribution network of 25 dealers across India, Three M Paper Boards also exports to over 15 countries in the Asia-Pacific, Middle East, Mediterranean, and Africa. As of February 2024, the company employs 231 individuals, reinforcing its position as a key player in the packaging industry.

Price Band

₹67 – ₹69

Issue Size

₹39.83 Cr

Lot Size

2000 shares

GMP

₹30

+43.5%

Est. Listing

₹99

at current GMP

Subscribed

171.41x

overall

Open

12 Jul 2024

16 Jul 2024

Allotment

18 Jul 2024

Refund

19 Jul 2024

Demat Credit

20 Jul 2024

Listing

22 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

171.41x

Total Demand

QIB Multiplier

79.37x

Institutions & Funds

NII / HNI

285.02x

High Net-Worth

Retail (RII)

175.19x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 171.41x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,096,000	86,992,000	79.37x
NIB	824,000	234,856,000	285.02x
RETAIL	1,920,000	336,368,000	175.19x
Total	3,840,000	658,216,000	171.41x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 179.07x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,010	176,942	175.19x
HNIs (10L +)	6	1,710	285.02x
HNIs (2-10L)	31	8,836	285.02x
Total Applications	1,047	187,488	179.07x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Three M Paper Boards Limited Public Issue & Market Profile

Three M Paper Boards Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹39.83 Crores. The shares are offered at a price band of ₹67 to ₹69 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-20, while un-allotted funds or UPI block mandates will be released on 2024-07-19.

Frequently Asked Questions

What is Three M Paper Boards Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Three M Paper Boards Limited IPO is ₹30 per equity share. Based on the upper price band of ₹67 to ₹69 per equity share, the estimated listing price is ₹99 (+43.5% expected listing gain).

What is the expected profit per lot for Three M Paper Boards Limited IPO?

With a lot size of 2000 shares and current GMP of ₹30, the expected profit per application lot is approx ₹60,000 (+43.5% gain). Minimum application cost is approx ₹1,38,000.

What is the issue size and price band for Three M Paper Boards Limited IPO?

The Three M Paper Boards Limited IPO aggregate issue size is ₹39.83 Crores with an equity price band set at ₹67 to ₹69 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,38,000.

How can I check Three M Paper Boards Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 171.41x (Retail: 175.19x, QIB: 79.37x, NII: 285.02x). You can track live multiples directly on our dedicated subscription page.

Where and when will Three M Paper Boards Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-07-18. Investors can verify status using PAN card or application number.

When is the listing date for Three M Paper Boards Limited IPO?

Three M Paper Boards Limited shares are scheduled to list on BSE on 2024-07-22.